Dollar index correlation helps earn BIG Euro Profits; Crude Oil and Gold High-percentage-trades

Dollar Index Correlation

This morning we traded 3 different
markets and earned some great profits alongside our Advanced Members.
Our Live Trade Room is
designed to make it EASY for you to shadow-trade and replicate the same results
as our moderator, which is why our community of traders is growing faster than
any other educational resource online.

Euro 5-Minute

In today’s video we will review the dollar-index-correlation
and how we used it to trade short on the Euro for an easy money trade first
thing this morning. We will also look at Crude Oil and Gold this
morning to see where we had high-percentage-trades on our favorite futures markets.

Euro 5-Range

The euro was trading at the highs of
the London
Trading Strategy this morning at 8:00am EST when we began trading in the Live
Trade Room. The first thing we noticed was the euro at
its HIGHS, which means we are always looking to SELL at the highs. We also noticed that the dollar-index was
looking mighty-bullish this morning, resting on major support with lots of open
space to the up-side. We used the
combination of the Euro at its highs and the dollar-index moving higher to look
for a selling opportunity on the euro for our first trade of the session today.

The euro makes up the majority
of the dollar-index ‘basket of currencies’ which is why we use it for its
negative correlation.

Crude Oil 5-Minute

Crude Oil was a little more
challenging this morning than the euro because it required us to stay patient
to get above some major resistance we found at the highs of the London Trading Strategy.

Crude Oil 5-Range

Did you read the newsletter
last night for the daily price-levels on Crude Oil? If you read last night’s post we told
everyone to buy Crude Oil with pullbacks, and that is EXACTLY what we did. We had to plan ahead for Crude Oil this morning,
waiting for price-action to close above the London Trading Session highs, and
then it was easy to buy pullbacks from there.
We also saw a selling opportunity on the Crude Oil contract later in the
afternoon session for another easy-money trade with our members.

Crude Oil was bullish
overnight, and this morning we had to wait patiently to look for the best buying
opportunities.

Gold 5-Minute Chart

Gold is always an exciting market-personality
to trade, and we have a very simple day trading strategy for trading gold.
The first thing we used this morning was the London Trading Strategy to look
for buying opportunities at the London-session-lows. Just like it ALWAYS does, we get excellent buying
opportunities at the lows of the London Reversal-Zone and selling opportunities
at the highs. This morning when gold
tested the lows of the range, we just needed to stay patient and buy
pullbacks with a 5-minute candle close above the lows, and take profit-targets
at the highs. It doesn’t get much easier
than that!